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Date
2020
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- handle: 10670/1.t26n0y
- hal: hal-02396256
- PRODINRA: 489583
- WOS: 000558983500011
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international trade Russian embargo trade diversion intensive and extensive trade margins revenu réel Embargo Russe réallocation du commerce marges intensives et extensives commerce international F - International Economics/F.F1 - Trade/F.F1.F13 - Trade Policy • International Trade Organizations F - International Economics/F.F1 - Trade/F.F1.F14 - Empirical Studies of Trade Q - Agricultural and Natural Resource Economics • Environmental and Ecological Economics/Q.Q1 - Agriculture/Q.Q1.Q17 - Agriculture in International TradeSujets proches
Trade Commercial trade Foreign trade TradeCiter ce document
Angela Cheptea et al., « Russian Food Embargo and the Lost Trade », Archive Ouverte d'INRAE, ID : 10670/1.t26n0y
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We analyse the impact of the Russian food embargo on European and Russian trade patterns using a triple-difference estimation strategy. We quantify the embargo-induced loss in EU28 exports at €125 million per month. Only 45 per cent of the drop in EU exports of banned products to Russia was due to the ban. EU member states were unevenly affected by the ban. The estimated losses of welfare in Russia range from 0.2 to 0.6 per cent (In absolute terms, this represents €18 to €58 of the 2013 revenue of the average Russian consumer.).